Can A Pharmacist Afford Rent in Carmel-by-the-Sea, CA?
Rent-burdened — rent takes 41.7% of gross income.
Carmel-by-the-Sea rent: July 2026. Salary: BLS OEWS May 2024 (California state estimate).
About rent and a pharmacist salary
Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.
Cheaper rent nearby
These California cities have lower median rent than Carmel-by-the-Sea, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Carmel-by-the-Sea
View full rent data for Carmel-by-the-Sea, CA →Frequently asked questions
Can a pharmacist afford rent in Carmel-by-the-Sea, CA?
Median rent in Carmel-by-the-Sea is $5,443 a month. A typical pharmacist in California earns about $156,645 a year, which makes that rent 41.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a pharmacist afford in Carmel-by-the-Sea?
Using the 30% rule, a pharmacist salary in California (~$156,645/yr) supports up to $3,916 a month in rent. Carmel-by-the-Sea's current median rent is $5,443/mo, which is $1,527/mo over the affordability threshold.
How many hours does a pharmacist work to cover rent in Carmel-by-the-Sea?
At an hourly equivalent of about $75 an hour, a pharmacist in California works roughly 72.3 hours a month to cover Carmel-by-the-Sea's median rent of $5,443.
Where is rent cheaper than Carmel-by-the-Sea for a pharmacist?
Nearby California cities with lower median rent include Coronado ($5,440/mo), Tiburon ($5,436/mo), Tiburon ($5,432/mo). Each shifts the affordability math materially on a pharmacist salary.